Report: Marsh to anchor development project
INDIANAPOLIS — A 40,000-sq.-ft. Marsh Supermarkets store will open in Indianapolis as part of a new $85 million development project, according to published reports.
The store, which is slated to open next summer on the corner of Michigan Avenue and Center Street, is said to feature such amenities as an extensive deli, bakery, prepared meals and a wide selection of beer and wine.
The announcement was made by Indianapolis mayor Greg Ballard, Marsh president and CEO Joe Kelley, and Jerry Collins, president of Flaherty and Collins Properties, the site’s developer.
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NRF welcomes President Obama’s emphasis on job creation
WASHINGTON — After President Barack Obama delivered his State of the Union address on Tuesday night, the National Retail Federation issued a response regarding his remarks on job creation.
NRF said it welcomed the President’s emphasis on job creation, saying that it will help restore the nation’s economic state.
"Job creation is our nation’s No. 1 priority, and as the industry that supports one out of every four U.S. jobs, retailers stand ready to do their part in putting Americans back to work," NRF president and CEO Matthew Shay said. "Retailers are helping to rebuild the economy, but Washington must get moving to encourage job growth and remove barriers to job creation."
Although NRF supported the idea of job creation, the association did, however, express caution at the President’s emphasis on manufacturing.
"We welcome the President’s commitment to create jobs in manufacturing, an industry that’s critical to a healthy supply chain," Shay said. "But retail and other service industries support far more jobs than manufacturing, and we need economic policy that supports all industries and doesn’t favor one sector of the economy over another. We hope ‘Made in America’ isn’t code for protectionist trade policies that only drive up prices for American consumers while doing little to create U.S. jobs."
NRF earlier this month sent an open letter to Obama urging him to call for action on a number of initiatives — sales tax fairness legislation, corporate tax reform, and free and open trade initiatives — that support a strong retail sector as part of the State of the Union address.
Toy category gets crafty
Sales of craft kits and art supplies “remain strong with a slight uptick,” according to Adrienne Appell, a spokeswoman for the Toy Industry Association. This segment of the toy category was up 7% in 2010 over 2009, according to the NPD Group, and is expected to perform well in 2011.
Some big winners for the holiday season were Spin Master’s Bizu, Crayola’s Glow Book and Fashion Angels’ “Project Runway” fashion design sketch portfolio. All retail for less than $20.
The article above is part of the DSN Category Review Series. For the complete Toys, Games & Crafts Sell-Through Report, including extensive charts, data and more analysis, click here.